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Nasdaq-100 Tests 30,150 Resistance Amid Bullish Wave Structure

Nasdaq-100 futures remain structurally bullish on May 27, 2026 but are pressing into the 30,118.75–30,159.25 resistance zone after breaking the earlier 29,750 level. The index carries a +4/10 technical score, rated bullish on higher timeframes yet tactically extended, with a clean breakout requiring acceptance above 30,162. Earlier wave analysis issued a Buy signal and projected a move toward 31,000 within the active impulse wave. Short-term support sits at 30,058, while a drop below 29,996 would open a deeper pullback toward 29,782. AI mega-IPO momentum and Micron’s sharp gains continue to underpin risk appetite.

Category

US Tech 100

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min